Public Statement 24 of 2021 - ACCURATE TRADING FX LIMITED (2021-09-24)

Summary

This is a public warning notice issued by the British Virgin Islands Financial Services Commission (FSC) about ACCURATE TRADING FX LIMITED, an entity that has been soliciting the public to conduct investment business but has never been licensed, registered, or regulated by the FSC to carry on investment business or any other financial services business in or from the BVI.

• Nature of concern: ACCURATE TRADING FX LIMITED is purporting to provide investment business services, which is a regulated activity that may only be carried on by an FSC licensed company.
• FSC finding: The entity is not and has never been registered, licensed or regulated by the FSC to conduct investment business or any financial services business in or from the Territory.
• Public advisory: Members of the public are advised to exercise extreme caution if solicited to do business with this entity.
• Reporting invitation: The public is invited to provide the FSC with information about questionable entities or improper activities operating in or from the BVI.
• Legal basis: The statement is issued pursuant to Section 37A of the Financial Services Commission Act, 2001.

The notice imposes no continuing compliance obligations on licensed entities; it functions purely as a consumer protection alert identifying an unlicensed entity.